Deutsche Wohnen (OTCMKTS:DTCWY) Trading Down 7.5% – What’s Next?

Shares of Deutsche Wohnen SE (OTCMKTS:DTCWYGet Free Report) dropped 7.5% on Friday . The stock traded as low as $12.68 and last traded at $12.68. Approximately 106 shares changed hands during trading, a decline of 85% from the average daily volume of 729 shares. The stock had previously closed at $13.71.

Deutsche Wohnen Price Performance

The stock has a fifty day simple moving average of $13.22 and a 200-day simple moving average of $10.96.

About Deutsche Wohnen

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Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through Rental, Value-add, Recurring Sales, Development, and Care segment. The Rental segment offers value-enhancing management to residential real estate portfolio. The Value- add segment engages in the core business of letting.

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